Overview
- Barclays took an undisclosed equity stake in Ubyx and said both parties will develop tokenised money within the regulatory perimeter.
- Founded in 2025, Ubyx operates a clearing and settlement system for stablecoins and tokenized deposits designed for par-value redemption across issuers, blockchains, and institutions.
- Barclays said it does not plan to issue a retail stablecoin, focusing instead on infrastructure that keeps digital money within existing regulatory frameworks.
- Ubyx previously raised $10 million in a June 2025 seed round led by Galaxy Ventures with participation from Coinbase Ventures, Founders Fund, and Paxos.
- The investment follows Barclays’ participation in an October group studying a G7‑pegged stablecoin, as UK and US authorities advance stablecoin rules and bank pilots continue.